Additionally, an evaluation of regulatory practices that stemmed from the scandal and author's recommendation will be presented. ... Years later, when he violated the trust of investors, and unethically breached their confidence, Madoff failed his clienteles morally, legally, and ethically. ... It is this author's assessment that Madoff transitioned from seeking the interest of his firm, and being group results oriented, to practicing an individualistic approach towards business in the 1990s. Such was the case of Ken Lay, former CEO at Enron, who was convicted of a lack of awareness...

• Word Count: 2330
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

The reason for the company's growing success was due to a practice called "pay for order flow", where the company was able to profit 12.5 cents from the buying and selling price on every stock that was traded. ... From this time on until Madoff was caught and charged with fraud, the company continued to run illegal practices. ... Madoff's actions were unethical and he is certainly deserving of his sentenced punishment. ... Madoff's actions are a clear example of the unethical behavior that occurs in the business world every day. ... The first way a company could eli...

• Word Count: 1659
• Approx Pages: 7
• Has Bibliography
• Grade Level: High School

Introduction In July of 1996, Sunbeam Corporation hired Albert J. ... The Board did not exercise proper prudence while hiring Dunlap. ... Had the Board of Directors spoke with Nitec Paper Corp before hiring the Dunlap, the scandal could have been avoided. ... The Board of Directors should also implement policies for whistle-blowing and give employees clear communication channels for reporting unethical behavior. ... This way, questionable accounting practices can be recognized by the Board. ...

• Word Count: 1336
• Approx Pages: 5
• Has Bibliography
• Grade Level: High School

It stated that American Companies have been bounded since 1977 under the Foreign Corrupt Practices Act. ... Given the current awareness and demand on ethics, companies nowadays have to admit the fact that any unethical behaviour or conduct could be detrimental to their reputation. ... The Economist 22nd April 2000 revealed that some companies had also suffered from their own unethical conduct. ... Ilya Adler in Business Mexico 1st December 1998 disputed the discriminatory hiring practice in Mexico, which revealed persistent racism, sexism and ageism. ... Simultaneously, unethical business prac...

• Word Count: 2333
• Approx Pages: 9
• Grade Level: Undergraduate

In the 10 years that Rick Urso ran the Tampa office branch of Met Life, the company experienced its worst blunder of unethical practices to date. ... What drove Urso to engage in practices like these; to show his sales staff how to cover up the words "life insurance" on their contracts? ... The fact is that there was a deliberate use of fraudulent practices used and taught by Urso, which the company basically ignored. ... They could also have a hotline for consumers to call if they felt they were being dealt with in an unethical way. Met Life could hire an outside firm to do a follow up surve...

• Word Count: 1279
• Approx Pages: 5

• Mar. 14, 2002: Enron's law firm faces House panel in the matter of the firm's off-the-book partnerships and accounting practices. ... The policy was legal, however it was extremely unethical. ... Arthur Andersen was hired to both audit and consult with Enron, but when Arthur Andersen's fees reached millions of dollars, several Arthur Andersen employees resigned from their jobs. Enron then hired on the same Arthur Andersen employees to continue managing their affairs. This is a huge, unethical conflict of interest. ...

• Word Count: 1674
• Approx Pages: 7
• Grade Level: High School

(Maury, 2000, pg.117) Education Today's business students have gorwn up in a osciety wehre decisions between right and wrong have become blureed and wehre unethical behovior Colleges- "Today's business students have grown up in a society where decisions between right and wrong have become blurred and where unethical behavior is observed and even expected in high profile leaders. ... Also, all employees should be bound by the code, employees are expected to strive to exercise honest, employee must adhere to state and federal laws an...

• Word Count: 2014
• Approx Pages: 8
• Has Bibliography

Snowden, a former high-ranked employee that had "highly - privileged access" within the NSA as a computer specialist and now a fugitive taking asylum in China, plotted to disclose these documents with intentions to expose the controversial surveillance practices. He believes that it has reach a major tipping point: the public should determine these practices, not the leaders within the NSA" (Greenwald, 2013, para. 12). ... His assessment on NSA's surveillance is arguably the strongest, most effective justification for unethical public surveillance by the government. ... On the contrary, ...

• Word Count: 2212
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

The most common issues that a professional will encounter once in the field are bribery and unethical money ambition. ... Despite the issues with bribery, ambition and many more unethical activities worldwide, I believe that it merely depends on our personal values to fight against these illegal attempts. ... This reveals that with dedication and years of experience in the field, "international business graduates can be hired by multi-national corporations, businesses involved in foreign trade, government and public institutions, international relief and environmental organizations" ...

• Word Count: 1548
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

Later, the case says that it was the companies" practice, to inform a supervisor of any important matters involving reporting employees, including those affecting employee attendance. ... This to me is unethical. ... Management and employees must be evaluated as well to see if they are current on policy and are them practicing them within guidelines. ... The limitations of the free market system by anti-discrimination laws or practices are still controversial today. ... The Civil Rights Act of 1964 should generally seen as a standard or rightful screen when scrubbing people for hire ...

• Word Count: 1391
• Approx Pages: 6
• Grade Level: Undergraduate

It is believed that replacement workers hired during the strike were unskilled which resulted in poor quality. ... It's pretty easy to see that both Ford and Firestone violated general ethical practices in this case. Some, including myself, may even argue that the NHTSA acted unethically as well. ...

• Word Count: 2312
• Approx Pages: 9

Moreover, unethical biased practices affects children's perception regarding how the quality of life should be experience equally. ... Occasionally, employers tend to hire children from high-income communities. ... This practice has been accepted because the city provides them with better infrastructure; therefore they sound more educated and ready. ...

• Word Count: 1282
• Approx Pages: 5
• Grade Level: Undergraduate

There is a contradiction between forced ranking is a good practice and force ranking poisons the performance and appraisal system. ... For instance, the employees might react unethically or illegal in order to survive and eliminate others due to the system. ... Thus force ranking system will increase a company expenses and waste of time as they have to advertise and carry out interview in order to hire so called qualified employee. ...

• Word Count: 1320
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

At the time of merger the company was seen to be in debt and hence a financial consultant name Jeffery Skilling was hired and was asked to come up with a solution to get rid of this massive debt. ... The entire story left public to think the behind the ethical practices of the corporate itself. ... However Enron was the most unethical company with their executives were seen greedier and have forgotten to follow any such rules and regulations that has been set to the corporate. ...

• Word Count: 1320
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

They learned by trial-and-error and on-the-job training, implying that they risk learning bad practices of other people rather than the best industry practices. It enables ineffective, inefficient practices that can drive the failure of software projects. ... Members lose their right to practice if they display misconduct, incompetence or gross negligence. ... It encompasses commitments to aim toward the highest standards of excellence in practice and in disseminating their knowledge, being responsive to society's health needs while keeping their welfare in perspective, and being se...

• Word Count: 2074
• Approx Pages: 8
• Grade Level: Graduate

Solicitation of patients to certain hospitals was unethical and patients wanted the hospital of their choice. ... Another problem was the addition of workers compensation laws and added contract practices. ... They basically had to go into contract practices to survive. ... As technologies increased the amount of spending went even higher, added personal had to be hired in and trained to operate the equipment. ...

• Word Count: 1788
• Approx Pages: 7

In case CSR is not part of the business practice then the business risks losing out the trust of some of it is who are important in the business. Corporate Social Responsibility thus has advantages which when incorporated to the business practice will favor the company's existence. ... This are such as; more efficient stuff hire and retention, less investments in the normal advertising techniques and the implementation of energy saving programs. ... If a company effectively incorporates CSR in its practices then its public relation will be highly positive. ... Also, it is viewed that if m...

• Word Count: 2191
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

Historians have claimed that the practice of humans eating other humans has been around for the last five hundred thousand years, yet only recently was a name conjured up for the behavior. ... On another note, endocannibalism (a society that eats their old and sick members as a sign of respect) is less known, and only few tribes practice this. ... Soon, greedy rubber barons hired gunmen to attack Wari' villages to drive them off their land. ...

• Word Count: 2417
• Approx Pages: 10
• Grade Level: Undergraduate

This concept of sweating comes alive again in today's garment industry which is best described as a pyramid where big-name retailers and brand-name manufacturers contract with sewing shops, who in turn hire garment workers to make the finished product. ... Therefore, bosses often refuse to hire unionized workers and intimidate or fire any worker suspected of speaking with union representatives or trying to organize her fellow workers. ... Nike has been criticized for unethical labor practices in its Chinese, Vietnamese and Indonesian shoe factories, and Haitian garment factories. ...

• Word Count: 2355
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

Abstract Due to the rise of social media use in the business world, companies are taking steps to combat the ethical issues that arise, with this topic. Many people are unaware of all the potential benefits that social media has to offer. Rather than focusing only on the potential negatives aspects ...

• Word Count: 2202
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

Abstract This paper will review the purposes of informed consent and some factors to informed consent are the treatment setting, outline it's ethical and legal foundations, and explore some of its limitations. It satisfies any unnecessary questions and provides an assurance to the patients and other...

• Word Count: 2166
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

One of the most cherished rights of Americans would be the right to privacy, yet many working class Americans, unfortunately, have been subject to their rights being disrupted and their privacy being invaded at their workplace. One major issue that has existed and still exists in the workforce of America is civil liberties violations. According to her book Nickel and Dimed: On not getting by in America, Barbara Ehrenreich writes that "What surprised and offended me the most about the low-wage workplace was the extent to which one is required to surrender one's basic civil rights and-...

• Word Count: 2476
• Approx Pages: 10
• Grade Level: Undergraduate